Melenberg, Bertrand; van soest, arthur; Charlier, G.W.P. - Tilburg University, Center for Economic Research - 1995
A new semiparametric estimator for the censored regression panel data model with fixed effects is introduced. It is based upon an estimator proposed by Honore for the case of two time periods combined with ideas of Newey to improve the efficiency. The estimator is more efficient than Honore's...